In a preliminary step toward enactment of a new EU data protection law, the European Parliament on March 12 approved a draft proposal for a comprehensive overhaul of the EU's 1995 data protection directive.
Recent retail breaches have exposed security vulnerabilities, highlighting the importance of shifting to much stronger user authentication as well as verification of the authenticity of transactions.
Attackers likely purchased malware in underground "cybercrime-as-a-service" markets to use in recent credit card breaches, including the Target Corp. attack, a new report from McAfee Labs asserts. Adam Wosotowsky explains the report's findings.
Recent data breaches, such as the ones suffered by Target Corp. and Neiman Marcus, may have been detected sooner if retailers had been sharing transactional pattern and behavioral information about their customers, says Mike Braatz of ACI Worldwide.
A retailer should help pay for card re-issuance and other expenses after a breach if the merchant is shown to have had inadequate security in place, says Viveca Ware of the Independent Community Bankers of America.
Congress heard testimony from cybersecurity experts this week about the steps that should be taken to minimize the risk of breaches of the payments system. Learn what Troy Leach of the PCI Council and others had to say.
Despite certain evidence that suggests a possible breach at Sally Beauty Supply, the retailer maintains that a recent cyber-attack against its point-of-sale network did not expose card data.
If Congress fails to enact a national breach notification law, the Obama administration could develop a set of voluntary best practices along the lines of its new cybersecurity framework.
In the wake of its data breach last year, Target Corp. is overhauling its information security and compliance practices, launching a search for a new CIO and creating the position of chief information security officer.
Las Vegas Sands Corp. is investigating a breach that exposed information, including Social Security numbers and payments information, for patrons and employees at its hotel and casino in Bethlehem, Pa.
White House Cybersecurity Coordinator Michael Daniel assesses the cyberthreat environment facing the nation and explains what the federal government is doing about it.
In a keynote address at the RSA 2014 Conference, Kevin Mandia, founder of Mandiant, warns organizations to beware of "victim's fatigue," or letting your guard down after going six months without a breach.
Sears is denying claims that its network may have been compromised by a cyber-attack that exposed card data. Other sources say they are still unsure, and that Sears may be the next breached retailer.
Fraudsters continually find new ways to attack, but too many organizations rely on old, unsuccessful methods to detect and prevent fraud. This is the premise, says David Mattos, VP Sales, with Easy Solutions.
Verizon's annual data breach investigations report will be released in the coming weeks, offering perspective on 10 years of breach analysis, says Wade Baker, one of the report's key authors.
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